Michigan is offering up to $500k for your start-up…enter contest now!!!

Image via Wikipedia

Accelerate Michigan Innovation Competition

Accelerate Michigan Innovation Competition is an international business plan competition which highlights Michigan as a robust and vibrant venue for innovation and business opportunity. The competition fuels innovation-based business growth by uncovering the best and brightest new business concepts from local and global entrepreneurs, exposing those opportunities to potential investment capital and fostering their growth within Michigan.

The Accelerate Michigan Innovation Competition targets mid-to-late-stage business start-ups with potential to generate an immediate impact on Michigan’s economy, as well as student concepts with longer-term business viability.

With more than $1 million in cash winnings, plus in-kind awards of services, staffing and software, the Accelerate Michigan Innovation Competition is the world’s largest business plan competition.

Currently 2 competitions being held (both have an entry fee):

• Company Competition – Deadline October 6
  
• Student Competition – Deadline October 22

Eligibility

The Accelerate Michigan Innovation Competition is open to any early stage business — from anywhere in the world.  With the exception of the “People’s Choice” and “Tweet” awards, prize winners must have the winning business registered and located in the state of Michigan. For winners not currently located in the state of Michigan to receive the award you must locate your business in Michigan.

Although any business can apply, Accelerate Michigan is targeted at seed-stage innovation-based businesses.  They define seed-stage as: you haven’t raised over $1million of investment, and don’t have more than $1million in annual revenue.

Visit http://www.acceleratemichigan.org/main.cfm?cid=2235 to learn more.

Good Luck!